DeFuniak Springs, FL Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in DeFuniak Springs, Florida Market population: 5K. Browse multifamily, office, retail, industrial, and mixed-use investment...

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Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127

$2,450,000

Miami Multifamily (Condo)

Discover a prime investment opportunity at 136 NW 26th St in Miami, Florida. This Class B multifamily condo property, bu...

Cap Rate %

NOI $0

Size 30,000 SF

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📊 Avg Property Tax Rate For DeFuniak Springs FL Properties: 0.6800%

📊 Average Income For DeFuniak Springs FL Commercial Property: $25,377

Investor Questions For DeFuniak Springs FL

Common questions from investors exploring commercial real estate in DeFuniak Springs FL.

What's the overall investment outlook for DeFuniak Springs, FL? +

The 18.8% poverty rate combined with 80.2% health insurance coverage suggests a relatively stable workforce, while the 24-minute average commute and top industries like Public Administration and Educational Services indicate a solid foundation for rental demand. Additionally, the median property value of $98,100 and median property taxes of $1,486 provide a favorable environment for real estate investment.

How does the local economy impact real estate investment in DeFuniak Springs? +

The employed population of 1,895 and top industries like Health Care & Social Assistance and Transportation & Warehousing contribute to a diverse economic base, which can lead to a more stable rental market. Furthermore, the median household income of $25,377 and GINI coefficient of 0.523 suggest a working-class market with opportunities for affordable housing investments.

What role does ethnic diversity play in the local real estate market? +

The top ethnicities of White (39.3%), White Non-Hispanic (38.3%), and Black (12.2%) indicate a relatively diverse population, which can contribute to a vibrant and dynamic community. This diversity, combined with the average commute time of 24 minutes and top commute methods like Drove Alone and Carpooled, suggests a market with a mix of local character and accessibility.

How does the quality of life in DeFuniak Springs impact real estate investment? +

The 24-minute average commute time and 80.2% health insurance coverage rate suggest a high quality of life, which can attract renters and homeowners alike. Additionally, the homeownership rate of 59.2% and median property value of $98,100 indicate a relatively stable housing market, making it an attractive option for real estate investors.

What are the key factors to consider when evaluating rental yield in DeFuniak Springs? +

The poverty rate of 18.8%, combined with the median household income of $25,377 and health insurance coverage rate of 80.2%, suggests a working-class market with opportunities for affordable rental investments. Furthermore, the top industries like Public Administration and Educational Services, and the average commute time of 24 minutes, indicate a solid foundation for rental demand and potential for stable rental yields.

DeFuniak Springs FL Real Estate & City Facts

Key facts and real estate information about DeFuniak Springs FL.

What are some of the best neighborhoods to live in DeFuniak Springs? +

I couldn't find specific information about the best neighborhoods to live in DeFuniak Springs, but the city has a small-town charm and a variety of housing options.

What are some fun things to do in DeFuniak Springs? +

DeFuniak Springs has a variety of things to do, including visiting the downtown area, which packs large dining flavor, but I couldn't find specific information about attractions or activities.

What is the food scene like in DeFuniak Springs? +

The food scene in DeFuniak Springs includes a variety of restaurants, such as Iron & Grape Italian Kitchen, PERLA BAKING CO., The Pit Stop BBQ, CAFÃ‰ NOLA, Bogeys Bar and Restaurant, and many others, offering a range of cuisines and dining experiences.

What are the pros and cons of living in DeFuniak Springs? +

The pros of living in DeFuniak Springs include its small-town charm, variety of dining options, and housing choices, but the cons may include limited information about specific neighborhoods and attractions.

Is DeFuniak Springs a good place to live? +

DeFuniak Springs can be a good place to live for those who value small-town charm and a variety of dining options, but it may not be the best fit for those looking for a wide range of attractions and activities.